The authority may do any of the following:
(1) Conduct engineering and other studies related to the selection and acquisition of rights-of-way and the selection of a franchisee, including, but not limited to, environmental impact studies, socioeconomic impact studies, and financial feasibility studies.
Terms Used In California Public Utilities Code 185034
- Authority: means the High-Speed Rail Authority. See California Public Utilities Code 185012
- High-speed rail: means intercity passenger rail service that utilizes an alignment and technology that makes it capable of sustained speeds of 200 miles per hour or greater. See California Public Utilities Code 185012
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
(2) Evaluate alternative high-speed rail technologies, systems and operators, and select an appropriate high-speed rail system.
(3) Establish criteria for the award of a franchise.
(4) Accept grants, fees, and allocations from the state, from political subdivisions of the state or from the federal government, foreign governments, and private sources.
(5) Select a proposed franchisee, a proposed route, and proposed terminal sites.
(6) Enter into contracts with public and private entities for the preparation of the plan.
(7) Prepare a detailed financing plan, including any necessary taxes, fees, or bonds to pay for the construction of the high-speed train network.
(8) Develop a proposed high-speed rail financial plan, including necessary taxes, bonds, or both, or other indebtedness, and submit the plan to the Legislature and to the Governor.
(9) Keep the public informed of its activities.
(Amended by Stats. 2002, Ch. 696, Sec. 2. Effective January 1, 2003.)